Born in Michigan on March 12, 1947, Willard Mitt Romney founded the investment firm Bain Capital and later ran for the Massachusetts Senate in 1994, losing to incumbent Ted Kennedy. Romney took over the Salt Lake Organizing Committee and helmed a successful 2002 Olympic Games. He became governor of Massachusetts in 2003 and made a run for the Republican nomination in the 2008 election, losing to candidate John McCain. Romney made a second run for the U.S. presidency in 2012, with U.S. Representative Paul Ryan of Wisconsin as his running mate, but was ultimately defeated by President Barack Obama in a tight race.
Willard Mitt Romney attended the prestigious Cranbrook School before receiving his undergraduate degree from Brigham Young University in 1971. He attended Harvard Law School and Harvard Business School, and received both a law degree and a Master of Business Administration degree in 1975.